White House Officials Comment on Tesla "Issue", Panasonic 4680, Giga NY, GM Earnings (02.02.22)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 3 February 2022
⏱️ 14 minutes
🧾️ Download transcript
Summary
➤ White House officials comment off the record on President Biden’s refusal to acknowledge Tesla
➤ Washington Commanders use Tesla vehicles in brand launch
➤ Elon Musk’s attorney comments on Tesla “funding secured” saga due to ongoing lawsuit
➤ Panasonic provides update on 4680 battery cell development
➤ Update on Tesla’s New York factory job requirements
➤ GM reports earnings, comments on EV plans
➤ Volkswagen plans huge EV production capacity in China
➤ Apple patent renews interest in car
➤ SpaceX releases new Starlink product
➤ Tesla China releases new video: https://youtu.be/wdIaa1bLgR0
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Plaid producer Who Why
Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Andre/Maria Kent
Executive producer Jessie Chimni
Executive producer Michael Pastrone
Executive producer Richard Del Maestro
Executive producer John Beans
Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock & derivatives
Transcript
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| 0:00.0 | Hey everybody, Rob Mauer here, good to be back. |
| 0:10.0 | Do apologize for missing yesterday's episode as my voice was recovering. |
| 0:13.1 | It's quite a bit better today, still a little bit in and out as you'll probably hear. |
| 0:16.6 | Quite a bit better, and thank you for the patience I did post update yesterday on Patreon |
| 0:20.6 | thanks for the good feedback on that as well. |
| 0:22.8 | But today we're going to be talking about some updates from the White House Bloomberg |
| 0:25.7 | Scotland Sum information from White House AIDS on what's going on with the White House |
| 0:30.0 | literally never saying Tesla. |
| 0:31.9 | We've also got updates from Panasonic news on Tesla's factory in New York. |
| 0:36.1 | Take a look at some things out of GM's earnings report yesterday news from Volkswagen |
| 0:39.9 | and a couple other things as well. |
| 0:41.6 | Not the best day for Tesla stock today finishing down 2.8% to $905.66, |
| 0:47.2 | that was despite the NASDAQ actually increasing on the day half a percent. |
| 0:50.3 | But it was still a tougher day for growth stocks, the S&P and the Dow both outpaced the NASDAQ. |
| 0:54.8 | And if we look at some of the other EV stocks Tesla actually doing, |
| 0:57.5 | relatively well, many of those down between 4 and 8% and for a little bit more context, |
| 1:02.1 | ARC's innovation ETF was down 5% on the day, so in that context down 2.8% not too bad, |
| 1:07.4 | I don't think anything too specifically Tesla today. |
| 1:10.1 | And it does look like this is going to end up being the lowest volume day, |
| 1:13.4 | so far this year with just over 21 million shares traded. |
| 1:17.0 | After hours is looking a little bit tougher right now Facebook, |
| 1:19.8 | now meta did report earnings their stock is down about 20% as I'm recording, |
... |
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